No photo available
$1,395,000
Property Description
Exceptional 4 family investment in the sought after Journal Square neighborhood. Each unit is a well maintained 2BR/1BTH with separate heat and hot water, maximizing tenant appeal and management flexibility. Located on a quiet, residential street yet steps from commuting options; only three blocks to the PATH and bus terminal and minutes to the Holland Tunnel and major highways. Generous lot provides four private rear parking spaces - a rare and valuable amenity. Perfect for an owner-occupant seeking rental income to help offset the mortgage, a high-yield investment property, or a future condo conversion opportunity; all with significant upside potential.
Full Property Details
Full Property Details for 506 Pavonia Ave
General
- Price: $1,395,000
- Taxes: $16,408 (2025)
- Status: Active
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260008939
- Updated: 5/21/2026
- Added to Site: 16 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Level 3 - Full Baths: 1
- Level 2 - Full Baths: 1
- Level 1 - Full Baths: 1
- Bsmt. - Full Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 8
- Bedrooms-L3: 2
- Bedrooms-L2: 2
- Bedrooms-L1: 2
- Bedrooms-B: 2
Other Rooms
- Living Rooms: 4
- Living Room-L3: 1
- Living Room-L2: 1
- Living Room-L1: 1
- Living Room-B: 1
- Kitchens: 4
- Kitchens-L3: 1
- Kitchens-L2: 1
- Kitchens-L1: 1
- Kitchens-B: 1
Location
- Area: JC, Journal Square
- County: Hudson
- Driving Directions: Baldwin Avenue and Chestnut Avenue
Heating & Cooling
- Heating/Cooling: A/C Window, Gas, Hot Water
Structural Information
- Architectural Style: Other-See Remarks
- Exterior Const.: Aluminum/Vinyl
- Basement Desc.: Finished, Full, Walk-Out
Lot Features
- Lot Dimensions: 23.4 x 113
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $16,408
- Tax Year: 2025
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Corcoran Sawyer Smith (201) 420-7393
Get Pre-Approved Today
Schools
Schools serving 506 Pavonia Ave
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Martin Luther King, Jr No. 11 Elementary School 886 Bergen Avenue, Jersey City, NJ 07306 | PK-8 | 0.4 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 Pavonia Ave
Date
Details
Price
Change
Source
5/12/2026
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 506 Pavonia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,691
-1%
$702,700
—
2023
$15,790
6%
$702,700
—
2022
$14,883
32%
$702,700
—
2021
$11,271
32%
$702,700
—
2021
$8,520
-21%
$702,700
—
2019
$10,822
482%
$702,700
462%
2018
$1,860
-81%
$125,000
—
2017
$9,750
1%
$125,000
—
2016
$9,626
3%
$125,000
—
2015
$9,352
—
$125,000
—
2013
$9,332
—
$125,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 506 Pavonia Ave
506 Pavonia Ave, Jersey City, NJ 07306 (MLS# 260008939) is a Multi-Family property with units containing 8 bedrooms and 4 full bathrooms. 506 Pavonia Ave is currently listed for $1,395,000 and was received on May 12, 2026. Want to learn more about 506 Pavonia Ave? Do you have questions about finding other Multi-Family real estate for sale in Journal Square? You can browse all Journal Square real estate or contact a Coldwell Banker agent to request more information.
